Patrick O’Flynn

The idea of short-termism being a disease that especially afflicts the British economy is a recurring theme. We are regularly told that UK investors are too often looking for a quick buck unlike in, for example, Germany where they take a longer-term strategic view. Less attention is paid to the idea that this condition has

The failure of Boris Johnson to sack Dominic Cummings exposes him as a coward, according to the Daily Mirror today, The paper says the Prime Minister was ‘scared to act’ against his chief adviser as it continues to go for his jugular. Its visually quite powerful front page also damns him as a cheat – or perhaps

The idea of a flotilla of little ships crossing the English Channel from France to deposit their beleaguered human cargo safely on our shores was born in this country’s darkest hour during the second world war. To say that the method behind the success of the Dunkirk evacuation 80 years ago has been repurposed for

A former prime minister once told me that PMQs in the Commons is an event that can only be enjoyed in retrospect, after the final whistle has blown. Even if exchanges with the opposition leader had gone well, there remained the possibility of being tripped up by a minor party leader, an opposition backbencher or

When sorrows come, they come not as single spies, but in battalions. This has been a week in which pretty much everything that could have gone wrong has gone wrong in the government’s epic battle against Covid-19. Britain suddenly has the most recorded Covid deaths in Europe and the second-most in the world; fiascos surrounding

It turns out that the biggest problem associated with lockdown hasn’t been the ‘covidiots’ – that tiny minority of people who ignored social distancing measures – but the ‘hunker in the bunker’ brigade who, after six weeks of house arrest, can barely envisage ever returning to normal life. Opinion polling shows the UK has one

Do Alan Clark’s diaries have a lesson for us about Boris Johnson’s ability to continually defy the odds? In his entry of 7 April, 1982, Clark wrote about the whiff of mutiny in the air among Tory grandees towards Margaret Thatcher at the time of the Falklands War: ‘It is monstrous that senior Tories should be behaving in

Is there going to be an extension to the Brexit transitional period during which the UK must obey EU rules and keep stumping up cash for Brussels? The answer may appear obvious: David Frost, the UK’s chief negotiator, has unequivocally and publicly ruled it out. As he tweeted on 16 April: ‘Transition ends on December

Boris Johnson has been out of action for almost a fortnight. His last meaningful act before going into hospital was to force frazzled Health Secretary Matt Hancock to ditch a threat to ban outdoor exercise that he’d made live on TV in response to some tweeted pictures of people sunbathing in a park. In place

‘Let us never forget this fundamental truth: the state has no source of money other than money which people earn themselves. If the state wishes to spend more it can only do so by borrowing your savings or by taxing you more. It is no good thinking someone else will pay – that “someone else”

The luxuriantly coiffured soft left Labourite Keir Starmer may, at first glance, appear to have almost nothing in common with the balding Thatcherite Tory Iain Duncan Smith. In fact, when he wins the Labour leadership contest this weekend, as he surely will, he faces a political challenge that is similar to the one IDS accepted

If ever Britain has undergone a period of authoritarian socialism, then this is surely it. Massive state intervention in the economy is taking place alongside state direction of the activities of private citizens that is both intensive and extensive in nature. Yet there are few private sector tycoons to be found arguing not to receive

Every weekday afternoon a professional Twitter mob gathers to give a running commentary on the Prime Minister’s daily coronavirus press conference. Its leading lights will critique Boris Johnson’s every utterance to see what might catch on. Perhaps it will be a snarky comment about how modified advice in the light of new data really shows

So there I was being non-partisan by praising the Labour party for its generally mature response to the coronavirus crisis when clearly I should have been putting this down to Jeremy Corbyn’s erratic level of engagement with major events rather than a deliberate strategy. Because it turns out that shadow health secretary Jonathan Ashworth’s wise mixture of

It is not often these days that one gets a chance to praise the Labour party. Even with Jeremy Corbyn soon on his way out, the party has learned nothing from its election drubbing and seems determined instead to make the same mistakes. But it has, somewhat remarkably perhaps, covered itself in glory this week. And it

Readers of a certain vintage may remember that during the Falklands War a hitherto unknown official at the Ministry of Defence became something of a celebrity. Ian McDonald, who passed away last year at the age of 82, was a dry-as-dust Whitehall official from the days when civil servants actively tried to avoid the limelight.

A little over a year ago, at the nadir of the May administration’s excruciating bungling of Brexit, the Daily Telegraph landed a dynamite exclusive. The Chancellor, Philip Hammond, and Business Secretary Greg Clark had hosted a confidential conference call for corporate bosses in which they said the threat of a no-deal Brexit was effectively off